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INDUSTRIAL | Basic Materials / Plastics & Fibers
tapex.co.kr

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Stage

Leveraged Buyout - II | Alive

About Tapex

Provider of a manufacturer of industrial parts and materials. The company is a maker of plastic wrap, and industrial-strength tape used in rechargeable batteries. The company manufactures various kinds of products that can be used in other areas, including packing, electronic, and semiconductor fields, which have been exported to 10 foreign countries as well as sold in domestic market. [Keywords: cleantech, industry focused products and services, materials]

Tapex Headquarter Location

423 Chungcheon-dong Bupyung-gu

Incheon,

South Korea

82 32 524 3901

Latest Tapex News

Toyoda Gosei starts operation of new plant in Mexico

May 17, 2021

Toyoda Gosei Co., Ltd. has established a new plant in Mexico, the TAPEX Mexicana, S.A. de C.V. (TAPEX) Monterrey Plant, and started its production of the bags that are a main component of automotive airbags in March 2021 Toyoda Gosei Co., Ltd. has established a new plant in Mexico, the TAPEX Mexicana, S.A. de C.V. (TAPEX) Monterrey Plant, and started its production of the bags that are a main component of automotive airbags in March 2021. This will help to meet the growing demand for airbags. In Toyoda Gosei’s medium-term 2025 Business Plan, airbags and other safety system products are a key area that will drive future business growth, and the company is focusing effort on increasing sales to Japanese automakers and other customers. The bags are produced mainly in Mexico and Vietnam to raise cost competitiveness. With the operation of the new plant in Mexico, Toyoda Gosei will increase annual bag production capacity by about 8 million units. The company plans to increase airbag production in the entire Toyoda Gosei Group by about 1.6-fold, to approximately 100 million units, over the five years from FY2018 to FY2023. Outline of TAPEX

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